Updated Oct 28, 2024
Ilya Panchernikov And Dina Goldentayer Acquire Single Family Home In Venetian Islands, Miami Beach For $8.9M
Venetian Islands, Miami Beach, FL, USA
$8,900,000
$1,669/SF
Building Size
5,330 SF
Asset Type
Single Family Residence
Closing
Sep 23, 2021
About this deal
AI
A single family home located in the Venetian Islands of Miami Beach was recently sold for $8,900,000. This 5,054 square foot property was purchased by Ilya Panchernikov, the owner of Caviar Russe, and Dina Goldentayer, representing Douglas Elliman. The sellers of the property were Christina Martin and David Martin from Terra. The sale price equates to a price per square foot of $1,761.
Summary of transaction details
- Property Type: Single Family
- Transaction Amount: $8,900,000
- Buyer: Ilya Panchernikov - Caviar Russe; Dina Goldentayer - Douglas Elliman
- Seller: Christina Martin; David Martin - Terra
- Broker: Dina Goldentayer - Douglas Elliman
Leading the purchase was Ilya Panchernikov, the owner of Caviar Russe, along with Dina Goldentayer representing Douglas Elliman. They successfully acquired the property from sellers Christina Martin and David Martin, who were represented by Terra. This transaction highlights the active real estate market on the Venetian Islands and the involvement of prominent individuals and companies in the Miami Beach area.
On the Map
$8,900,000
$1,669/SF
Single Family Residence
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Players
Miami Beach Single Family Residence Market Snapshot
Boundary boundary · Single Family Residence · Sale transactions
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Deal FAQ
About $1.7K per square foot on a published $8.9M for 5,330 square feet (2021).
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Purchase Price
Annual NOI
Loan Amount
Interest Rate (%)
Loan Term (yrs)
Down Payment (%)
Cap Rate
1.78%
Cash-on-Cash
-0.51%
Monthly Payment
$14,164
Annual Debt Svc
$169,964
Annual Cash Flow
$-11,334
DSCR
0.93